Chart Source: Poemsview 10th nov 2020
HPH Trust USD saw an increase in volume with a nice upside movement too. Let’s take a look at it from a technical perspective. It has broken above its horizontal resistance of $0.148 and with volume coming in we might see it push towards the next resistance at $0.16 and maybe even $0.167.
With biden winning the US election , a less aggressive foreign policy could see some relief in the shipping sector.
Keep a close eye for HPH Trust. We’re looking at the USD one so take note of the foreign currency.